Per Steer Your Estimate
CATTLE TRANSACTIONS
Gross receipts/head, 1,230 lbs. @ $93/cwt. $1,143.90 $____________
Less death loss, 2% 22.88 ____________
_________
ESTIMATED TOTAL INCOME/STEER $1,121.02 $____________
ESTIMATED OPERATING COSTS/STEER
Purchased steer calf (600 lbs. @ $115/cwt.) $690.00 $____________
Purchased feed:
Corn (64.5 bu. @ $3/bu.) 230.40 ____________
Soybean meal (198 lbs. @ $260/T.) 25.74 ____________
Salt and additives (45 lbs. @ $450/T.) 10.13 ____________
Grass hay (684 lbs. @ $60/T. estimated
cost of production) 20.52 ____________
_______
Total feed costs (not including pasture) $286.79 $____________
Machinery costs, feed preparation, etc. $ 5.00 $____________
Vet. and medicine: Production vet. products 9.00 ____________
Disease treatment 2.40 ____________
Commissions, yardage, hauling 19.00 ____________
Utilities, insurance, repairs, misc. 3.25 ____________
Labor 22.00 ____________
Operating interest (1/3 of operating costs
listed above x 8%) 27.64 ____________
_________
Total listed operating costs $1,065.07 $____________
Income over listed costs* $ 55.95 $____________
______________________________________________________________________
* Income over listed costs does not include a charge for pasture
(except harvested hay). Other costs such as real estate and property
taxes, building insurance and repairs, and other overhead expenses
should be estimated for each individual farm situation.
Prepared by Ron Plain, Ag. Economist
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